Synopsys slumps after 'weakness in Design IP,' downgrade at Baird

3 hours ago 1
Synopsys corporate headquarters in Silicon Valley

Sundry Photography/iStock Editorial via Getty Images

Shares of Synopsys (NASDAQ:SNPS) fell about 23% premarket on Wednesday after weaker fiscal third quarter results and outlook, while the stock also saw a downgrade at Baird.

Baird downgraded Synopsys' rating to Neutral from Outperform and lowered the price target on

Recommended For You

More Trending News

Read Entire Article